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  Global vehicle analytics market is set to exhibit a CAGR of 15.5% during the forecast period (2017-2022) Future Market Insights (FMI) in its latest report projects that the  global vehicle analytics market  will stand at around US$ 2,370 Mn by the end of 2022, reflecting an above-average CAGR. The report finds that the rapid adoption of vehicle analytics is partly owing to demand for greater travel convenience, especially from passengers in cities. Also, the growing necessities of improving the existing transport structure that is struggling to manage the ever-increasing traffic pressure is expected to influence the growth of the market over the forecast period. Vehicle analytics is becoming extremely essential for fleet owners or transport service providers as it helps them in improving fleet management and service offerings, which is turn helps in creating more business. Request a Sample Report with Table of Contents and Figures :  https://www.futuremarketinsight...

  Greater travel convenience, especially within urban settlements has been instrumental in boosting the adoption of advanced vehicular technologies including vehicle analytics. Moreover, growing need for more effective transport service technologies that can address traffic and rout mapping issues is creating broader scope of application of vehicle analytics. Transport service providers are aiming to leverage vehicle analytics for fleet management, service enhancement and business expansion. A recent report published by Future Market Insights (FMI) reveals that the global vehicle analytics market is set to exhibit a CAGR of 15.5% during the forecast period (2017-2022). Rising concerns over traffic congestion, safety and travel duration is expected to reflect favorably on the  global vehicle analytic market  in the forthcoming years. Also, infrastructural development and rapid urbanization are some of the other additional factors likely to drive the adoption of vehicl...